STOP GUESSING AT YOUR PRICE: HOW TO GROW A PROFITABLE CONSTRUCTION BUSINESS
MOST CONTRACTORS DON’T UNDERSTAND THE BUSINESS SIDE OF THEIR CONSTRUCTION BUSINESS Most builders start construction businesses for two reasons: They love to build things and they want freedom. Maybe you want the freedom to make your own schedule, or the freedom to produce your own high-quality projects. And let’s not…
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HOW TO USE PROFITS IN YOUR CONSTRUCTION BUSINESS
MOST CONSTRUCTION BUSINESS OWNERS ARE NOT PROFITABLE Most construction business owners aren’t charging enough for their work, which limits their profits and their ability to grow. Without profits you will either go out of business, or you’ll stay afloat by not paying yourself what you should. Both of these situations…
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HOW TO AVOID THE BIGGEST MISTAKE CONSTRUCTION BUSINESS OWNERS MAKE
YOU CAN’T DO IT ALL YOURSELF Most construction business owners make the mistake of thinking they have to be THE expert in the business to grow the business. Making this mistake creates stress and frustration for you because you will spend all your time answering questions and reacting to day-to-day…
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HOW TO EFFECTIVELY MANAGE YOUR TIME WITHOUT DOING MORE WORK
The Built to Build Academy’s® Effective Time Management Session was rated one of the top 10 most popular IBSx Education Sessions for two years in a row. This nationally recognized session made the Top 10 for a reason. Most construction business owners struggle finding enough time to get everything done.…
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WHY YOU SHOULD STOP TRYING TO GROW YOUR BUSINESS (DO THIS INSTEAD)
MOST CONSTRUCTION BUSINESS OWNERS ARE STUCK When you started your construction business, you didn’t set out to become an unpaid employee in a profitless business. You didn’t start your construction business so you could do a lot of paperwork, argue with strangers about the price of your estimates, and lose…
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STREAMLINE YOUR BUSINESS WITH THIS SIMPLE DIAGRAM
MOST CONSTRUCTION BUSINESSES AREN’T BALANCED You sell a product or service for money. That’s where your business starts. SALES. If you aren’t able to deliver value to your customers and make a profit, then your business is out of balance. Construction businesses, as well as businesses in general, must stay…
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HOW TO HIRE THE RIGHT EMPLOYEES FOR YOUR CONSTRUCTION BUSINESS
If you’re having trouble finding the right employees for your construction business, then you’re probably looking for them as opposed to attracting them. Without a systematic way to attract, prequalify, and indoctrinate your next best employee, your construction business is going to suffer. You’ll waste time interviewing multiple candidates who…
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HOW TO ORGANIZE YOUR CONSTRUCTION BUSINESS FOR SUCCESS
As soon as you read the words ‘organizational chart,’ your brain conjures up an image of some complex flowchart in the back of an employee handbook. You’ll think, “I don’t really need one of those for my construction business,” especially if you own a small business. But, you would be…
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HOW TO CREATE ENGAGED EMPLOYEES FOR YOUR CONSTRUCTION BUSINESS
Most of your employees are not engaged in the work they do. Sure, they show up and put in their time, but they have little to no passion about the job itself. They also suck the energy out of your business. If you’ve ever wanted to increase productivity, decrease turnover,…
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HOW TO REVERSE ENGINEER YOUR MARKETING PLAN
YOUR BUSINESS STARTS HERE Many construction business owners don’t have a marketing plan for their business. They don’t know where to start. Start with your Profit and Loss Statement (P&L) and reverse engineer your marketing plan from there. (Read this article: THE #1 RULE YOU NEED TO HACK YOUR PROFIT…
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